FOR SALE
$2,300,000 - $2,500,000

187 Nepean Highway
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 12ac
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Restore or Reinvent Former Winery On Nearly 12 Acres

Set on 12 acres (approx.) in the heart of the Mornington Peninsula’s wine region, this former winery and cellar door invites a revival or transformation, offering an incredible lifestyle change opportunity. Once the bustling home of Dromana Valley Wines, this property is ready to be re-established, with existing trellises, machine sheds, and a cellar door with tastings area and warehouse—all perfectly poised for a new chapter.
Nestled between the lush landscapes of Mt Martha and the Red Hill foothills, and only moments from Martha Cove Marina, this property is in a prime location opposite Hickinbotham Winery, and within minutes of renowned names like Crittendens, Karina Vineyard, and Trofeo Estate. With this exceptional positioning in a high-traffic wine region, it’s ideal for visitors and agritourism. Neighbouring Pickings Lane also offers convenient access for agricultural needs, making it versatile for ventures like cattle grazing, horse agistment, or produce farming.
The property’s residence presents grand living spaces and exciting possibilities to modernize. Upstairs, an expansive covered alfresco balcony provides breathtaking views over the property, extending to the bay where you can enjoy the You Yangs on the horizon and the twinkling lights of Mount Martha at night—an enchanting sight to relax with.
Inside, the retro kitchen is equipped with an electric stove, bordered by a formal dining room on one side and a family room on the other, each opening to the extensive alfresco area. A second terrace on the east side provides peaceful garden views, enhancing the property’s charm.
The cellar door includes a welcoming, restaurant-style tasting room with wood heating, a serving bar, and guest restrooms, all complemented by wide verandahs with seating and serene outlooks over the property. Behind the cellar door, a large warehouse, cool room, kitchenette, and multiple storage areas are all in place, equipped for the winery’s operations.
This property offers a rare opportunity to make your mark in a prestigious wine region with scenic bay views and endless potential for growth and transformation.
Homes and Acreage is proud to be offering this property for sale in conjunction with Ian Reid Vendor Advocates – To arrange an inspection or for further information, please contact Penny Perry on 0448 004 673 or office@homesacreage.com.au
Features:
• 11.7 acres in the heart of the Mornington Peninsula
• Former winery and cellar door
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Property Details for 187 Nepean Hwy, Dromana

187 Nepean Hwy, Dromana is a 4 bedroom, 2 bathroom AcreageSemi-rural with 4 parking spaces. The property has a land size of 12ac. The place is currently for sale with Homes and Acreage.

Building Type
AcreageSemi-rural
Land Size
12ac

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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. It has 19 parks covering nearly 7.2% of total area. The population of Dromana in 2011 was 5,125 people. By 2016 the population was 5,802 showing a population growth of 13.2% in the area during that time. The predominant age group in Dromana is 60-69 years. Households in Dromana are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dromana work in a trades occupation. In 2011, 68.2% of the homes in Dromana were owner-occupied compared with 67.9% in 2016.

Dromana has 5,889 properties. Over the last 5 years, Houses in Dromana have seen a 40.08% increase in median value, while Units have seen a 20.52% increase. As at 31 October 2024:

  • The median value for Houses in Dromana is $975,997 while the median value for Units is $770,258.
  • Houses have a median rent of $600 while Units have a median rent of $565.
There are currently 41 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Dromana.

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